OpenAI has secured $40 billion in new funding, the largest private fundraising round for a tech company ever. The fundraising, which was led by Japan SoftBank Group, values OpenAI at $300 billion. SoftBank is contributing the lion share, cited as 75% in one report and $7.5 billion of an initial $10 billion investment in another. Other investors in the round include Microsoft, Coatue Management, Altimeter Capital and Thrive Capital. The investment plan includes an initial $10 billion, while the...
